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  Topic: How to Wage the Debt-Ceiling Fight
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How to Wage the Debt-Ceiling Fight
Wall Street Journal, by Keith Hennessey

Original Article

Posted By:Desert Fox, 1/16/2013 7:48:20 PM

The debt limit must soon be increased, and President Obama insists that Congress give him the ability to borrow without any accompanying budget reforms or spending cuts. He argues that only a long-term, "clean" debt-limit bill is responsible fiscal policy, and that anyone who disagrees risks government default and a financial catastrophe. Republicans are balking—not the first time members of the opposition party have balked when a president seeks more borrowing authority. The usual response—threatening to block an increase unless they get what they want—is not very effective. The GOP´s attempt to do so will most likely fail.

      


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Reply 1 - Posted by: TrueBlueWfan, 1/16/2013 8:16:28 PM     (No. 9121146)

I agree with most of Hennessey´s suggestions, except the one that lets short-term increases pass with a few necessary Republican votes. I say no Republican should vote for anything without serious spending cuts - period. If the gov´t shuts down, all the better.

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Reply 2 - Posted by: jeffkinnh, 1/16/2013 8:55:41 PM     (No. 9121202)

The problem with this strategy, like most other Republican strategies, is that it requires a public "shaming" factor (out of control spending) which the MSM works mightily to overcome and even distort. They would frame the frequent votes over the debt limit as a waste of time and the Republicans as "foolish" for bringing it up over and over.

As for BO, he has no shame and is willing to spend the Country into massive debt. He won´t care about the votes. The same issues were presented in the election and BO won. The public supported him and his out of control spending. What would be different now? Do you think the masses will all of a sudden develop a sense of fiscal responsibility? Not likely.

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Reply 3 - Posted by: bogeegolf, 1/16/2013 9:37:00 PM     (No. 9121246)

Can´t the house pass a bill tomorrow protecting social security and medicare from cuts in the near future placing the ball in the dems and the regimes court. Any threats to these programs could not be traced to the gop then. But ,of course, the msm will make sure it does. Do not raise the ceiling. Instead make some serious cuts. The taxpayers are getting sick of this nonsense.

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Reply 4 - Posted by: dman, 1/16/2013 10:25:16 PM     (No. 9121301)

Pubs "standing up" for their principles is becoming more reminiscent of Wimpy paying for his hamburger. They´ll fight - "next time". This is why many of us have given up on them.

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Reply 5 - Posted by: Pinons, 1/17/2013 1:03:35 AM     (No. 9121444)

Obozo does not care about this country. He´s not out to "transform" it, he´s out to destroy it!

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